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Energy Storage Project
2024-02-24
Ascend Elements Raises Additional $162M to Produce Sustainable LI-Ion Battery Electrode Materials in Us
In a follow up to one of last year’s largest cleantech private equity placements, Ascend Elements raised $162 million in new equity investments. Major investors include Just Climate, Clearvision Ventures, and IRONGREY. The new equity financing b
Nuclear Power Plant (NPP)
2024-02-24
EBRD Signs New Grant Agreement for Next Stage of Chernobyl Work
The European Bank for Reconstruction and Development and Chernobyl Nuclear Power Plant have signed Grant Agreement No.2 designed to help "solve the most urgent and critical needs" at the site.".The New Safe Confinement in position in 2019 (
Nuclear Fuel
2024-02-24
Prototype Fusion Reactor Planned for TVA Site
US fusion energy developer Type One Energy Group has announced plans to build Infinity One - its stellarator fusion prototype machine - at Tennessee Valley Authority's Bull Run Fossil Plant in Clinton, Tennessee.The Bull Run Fossil Plant in Tennes
Biofuel
2024-02-24
Cepsa, Bio-Oils Begin Construction on Biorefinery in Spain
Cepsa and Bio-Oils, a subsidiary of Apical, are beginning construction of the largest second-generation biofuels plant in southern Europe. The facility will have the flexibly produce 500,000 tons of SAF and renewable diesel. / SOURCE: CepsaCepsa and Bio-O
Offshore Wind Power
2024-02-24
Empire Wind 1 Cleared to Start Construction
The US Bureau of Ocean Energy Management (BOEM) has approved the Construction and Operations Plan (COP) for Equinor’s Empire Wind offshore wind project in New York, the US. With this approval secured, the developer is planning to start the const
Wind Turbine
2024-02-24
Five Turbines Spin at America's First Large-Scale Offshore Wind Farm
Vineyard Wind 1, America’s first large-scale offshore wind farm, has begun delivering energy to the New England grid from five of its planned 62 GE Haliade-X 13 MW wind turbines. The units are currently generating 68 MW of energy, enough to powe
Solar Power Plant
2024-02-24
DTE Energy Issues 1,075 MW Request for Michigan Wind and Solar
In April 2023, DTE Energy announced the commissioning of Meridian Wind, a 225 MW wind farm that became the largest operating in Michigan. (Courtesy: DTE)DTE Energy announced the company is seeking proposals for renewable energy projects totaling approxima
Wind Turbine
2024-02-24
GE Scraps Plans to Make Giant 18 MW Offshore Wind Turbines
GE Vernova is abandoning plans to supersize its offshore wind turbines and will instead focus on rolling out smaller workhorse turbines.In March of last year, GE Vernova CEO Scott Strazik said during a GE Investor Conference that the market was receptive
Oil & Gas Trade
2024-02-24
Exxonmobil Weighs Offers for Argentina Shale Assets - Source
A 3D printed natural gas pipeline is placed in front of displayed ExxonMobil logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration Purchase Licensing RightsU.S. energy giant ExxonMobil Corp (XOM.N), opens new tab is weighing of
Renewable Energy
2024-02-24
DTE Energy Seeks Developers for New Renewable Projects
The Trenton Channel Power Plant, a coal-fired electricity plant operated by DTE Energy, is seen in Trenton south of Detroit, Michigan, U.S. April 2, 2017. REUTERS/Rebecca Cook/File Photo Purchase Licensing RightsDTE Energy (DTE.N), opens new tab said on F
LNG
2024-02-23
United States Primed to Spearhead Africa's Liquefied Natural Gas (LNG), Floating Liquefied Natural Gas (FlNG) Expansion
As Africa looks to develop its gas for domestic and export markets, the U.S. is honing in on LNG as a critical investment avenue, alongside traditional oil exploration. In October 2023, energy research and consultancy group Wood Mackenzie stated that Afri
Nuclear Reactor
2024-02-23
Investment Contract Supports US Demonstration Reactor Project
The US Department of Energy (DOE) and Kairos Energy have signed a technology investment agreement to implement an Advanced Reactor Demonstration Program (ARDP) risk reduction award to support the design, construction, and commissioning of the Hermes demon
Nuclear Reactor
2024-02-23
AECL, Atkinsréalis to Collaborate on Advanced Candu Design
A memorandum of understanding will see the two companies collaborate on the deployment of Candu reactors in Canada and internationally and expand their intellectual property licensing agreement, and is to be followed by further agreements to accelerate th
Offshore Wind Power
2024-02-23
Dominion Partners With Stonepeak to Fund Virginia Offshore Wind Farm Construction
Electric power transmission pylon miniatures and Dominion Energy logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration/ File photo Purchase Licensing RightsU.S. utility firm Dominion Energy (D.N), opens new tab said o
Offshore Wind Power
2024-02-23
First Major US Offshore Wind Farm Sending Power to 30,000 Homes
Vineyard Wind, the first large-scale U.S. offshore wind farm, is sending enough power from five turbines off the Massachusetts coast to power 30,000 homes, the project's owners said on Thursday.The announcement is a key milestone for both the proj
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UK's National Grid bets $1.75 billion on AI power boom with Joulent investment
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SK, KKR to launch South Korea renewable energy venture valued at $1.3 bln
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Castlelake's Ibitu Energia to Invest $837m in Renewable Energy Assets
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Singaporean Green Tech Firms Envision Digital, T-RECs.ai to Launch First RECs Ecosystem
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Hitachi Energy announces €4 million investment into new Service Center in Dublin to strengthen Ireland’s grid resilience
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Google signs PPAs on 400-MW Texas solar project portfolio